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Home Business

LIA announces completion of consolidated financial accounts

bySami Zaptia
December 23, 2023
Reading Time: 1 min read
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English High Court appoints Receiver to manage LIA litigations against Goldman Sachs and Societe Generale

(Logo: LIA).

The Libyan Investment Authority (LIA) announced last Thursday that it had successfully prepared its consolidated financial statements that include all its subsidiaries in cooperation with Deloitte.

The LIA said the accounts were prepared with accuracy and to international standards and that this unprecedent achievement will enable the LIA and stakeholders to take strategic decisions, manage operations and assess risks.

The announcement follows on from the LIA holding its first ordinary meeting in 2023 of its Council of Trustees on 17 December.

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CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

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